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Town of Dresden – Financial Condition and Town Clerk Operations (2016M-369)
… the Town's long-term priorities. The Clerk did not remit tax collections to the Supervisor on a weekly basis as required and did not deposit property tax moneys in a timely manner. The Board did not audit or …
https://www.osc.ny.gov/local-government/audits/town/2017/11/21/town-dresden-financial-condition-and-town-clerk-operations-2016m-369Lancaster Central School District – Financial Management (2022M-37)
… to pay debt as required. These practices resulted in real property tax levies that were higher than necessary. Key …
https://www.osc.ny.gov/local-government/audits/school-district/2022/08/05/lancaster-central-school-district-financial-management-2022m-37Town of Stony Point – Budget Review (B6-13-15)
… of $1.5 million in the general fund from the sale of Town property. Revenue from the sale of property is non-recurring (one-shot) revenue that will be … year. The Town’s tentative budget complies with the tax levy limit. Key Recommendation Do not use non-recurring …
https://www.osc.ny.gov/local-government/audits/town/2013/10/15/town-stony-point-budget-review-b6-13-15Sweet Home Central School District – Financial Management (2022M-166)
… They improperly encumbered funds and improperly restricted surplus funds in a debt reserve. As a result, District … transparent with taxpayers and maintained real property taxes at a level higher than necessary to fund operations. … corrective action. Appendix B includes our comments on issues raised in the District’s response. … audit sweet …
https://www.osc.ny.gov/local-government/audits/school-district/2023/03/31/sweet-home-central-school-district-financial-management-2022m-166Fishers Fire District – Financial Condition (2021M-128)
… the impression the District needed to increase real property taxes and override the 2018 and 2020 tax caps to close projected budget gaps. As a result, more real property taxes were levied than needed to fund operations. As …
https://www.osc.ny.gov/local-government/audits/fire-district/2021/10/29/fishers-fire-district-financial-condition-2021m-128Town of Carlisle – Fund Balance (2017M-106)
… Purpose of Audit The purpose of our audit was to evaluate the Town’s … Board. Budgeted appropriations for the general and highway funds for 2017 totaled $827,305. Key Findings The Board has …
https://www.osc.ny.gov/local-government/audits/town/2017/11/20/town-carlisle-fund-balance-2017m-106Opinion 95-3
… that bear on the issues discussed in the opinion. SALES TAX -- Distribution (calculation of amount set aside for … respective populations or the full valuation of the real property in each town. In addition, under certain … therein on the basis of the full valuation of the real property in the town and each village ( cf . Tax Law, …
https://www.osc.ny.gov/legal-opinions/opinion-95-3DiNapoli: Federal Housing Aid Going Unused Despite New York's Affordable Housing Crisis
… go unused.” DiNapoli’s audit examined a five-year period, from 2017 to 2021, which included the height of the COVID-19 … assistance. Under HCV, local program administrators are required to conduct physical inspections of units under … housing quality standards (HQS). Local administrators are required to maintain a log of inspections that failed one or …
https://www.osc.ny.gov/press/releases/2023/03/dinapoli-federal-housing-aid-going-unused-despite-new-yorks-affordable-housing-crisisDiNapoli: New Yorkers Could Lose $72B in Reported State and Local Tax Deductions Under Trump Plan
… New York residents stand to lose more than $72 billion in … these changes could result in additional income tax liability. In 2015, New York taxpayers claimed more than … tax, a new single rate could result in a significant increase in taxes. Reduce the tax rate on foreign profits of …
https://www.osc.ny.gov/press/releases/2017/10/dinapoli-new-yorkers-could-lose-72b-reported-state-and-local-tax-deductions-under-trump-planDiNapoli: New York City Budget Surplus on Pace to Grow Another $2.4 Billion from April Projections
… DiNapoli urged the city to put a substantial portion of the surplus funds into reserves and protect itself against … continue to create economic opportunities.” The release of New York City’s $99.7 billion FY 2023 Budget - $104.9 billion when adjusted for surplus transfers - and Financial Plan (the …
https://www.osc.ny.gov/press/releases/2022/06/dinapoli-new-york-city-budget-surplus-pace-grow-another-24-billion-april-projectionsNew York’s Economy and Finances in the COVID-19 Era
… The COVID-19 recession has hit hard in every area of the State, erasing more than 1.8 million jobs statewide. New York … regions were well above the nation’s 12.8 percent. Source: State Department of Labor statistics More Troubling Impacts … during the previous week Source: U.S. Census Bureau, based on those surveyed during the week of June 18 through June 23 …
https://www.osc.ny.gov/reports/covid-19-july-9-2020South Mountain Hickory Common School District – Financial Management (2022M-49)
… could have used surplus fund balance to reduce the tax levy, rather than increasing the 2021-22 school year levy … fund balance limit established by New York State Real Property Tax Law Section 1318. Develop accurate and reliable annual …
https://www.osc.ny.gov/local-government/audits/school-district/2022/06/24/south-mountain-hickory-common-school-district-financial-management-2022mOpinion 2002-15
… This opinion represents the views of the Office of the State Comptroller at the time it was … for the cost of street lighting within a town pursuant to Town Law §64(19) and Highway Law §327 are raised on a … levied only in the unincorporated area of the town (see, e.g., 1994 Opns St Comp No. 94-10, p 17; 1989 Opns St Comp …
https://www.osc.ny.gov/legal-opinions/opinion-2002-15Opinion 2002-15
… 626, mod 55 NY2d 915, 449 NYS2d 27; DuBois v Village of New Paltz , 35 NY2d 617, 364 NYS2d 506). Further, we have …
https://www.osc.ny.gov/legal-opinions/opinion-2002-15-0Opinion 2003-6
… 2003 Vincent J. Rossi, Jr., Esq., Town Attorney Town of New Hartford 1 For purposes of this inquiry, we assume the …
https://www.osc.ny.gov/legal-opinions/opinion-2003-6Rockland County – Budget Review (B6-13-22)
… remaining $31.3 million deficit. The residential energy tax revenue estimate is overly optimistic given the amount … in 2013. The County may be overestimating revenue from tax anticipation note premiums and could experience potential … that will be sufficient to cover estimated uncollected property taxes in 2014. If necessary, pass a local law to …
https://www.osc.ny.gov/local-government/audits/county/2013/11/25/rockland-county-budget-review-b6-13-22State Comptroller DiNapoli Releases Municipal Audits
… New York State Comptroller Thomas P. DiNapoli today announced his … Bloomfield Fire District , East Bloomfield-Holcomb Fire Department , City of Newburgh , Rockland County , Village of South Corning …
https://www.osc.ny.gov/press/releases/2017/11/state-comptroller-dinapoli-releases-municipal-audits-0DiNapoli: Loss of Federal Deductions in Trump Tax Plan Could Hurt New York's Middle Class Taxpayers
… including the elimination of the more than $67 billion in state and local tax deductions reported by New Yorkers on their federal taxes, according to a report released today by State …
https://www.osc.ny.gov/press/releases/2017/07/dinapoli-loss-federal-deductions-trump-tax-plan-could-hurt-new-yorks-middle-class-taxpayersCity of Newburgh – Budget Review (B6-13-21)
… $2 million of anticipated revenues from the sale of tax acquired property. We have not been provided documentation to verify … the readiness of the properties, specifically the largest property which is listed for sale at $1 million. If these …
https://www.osc.ny.gov/local-government/audits/city/2013/11/20/city-newburgh-budget-review-b6-13-21Opinion 92-28
… This opinion represents the views of the Office of the State Comptroller at the time it was … If tax anticipation notes are issued to fund this period, when should the school district pay proceeds to the library? … NYS2d 993. Section 259(1) does not prescribe a specific date on or before which library tax moneys must be placed in …
https://www.osc.ny.gov/legal-opinions/opinion-92-28